Brazil’s Ibovespa performs well as investors digest Fed decision

The biggest highlight of this morning, is shares of Embraer (EMBR3), which are up more than 11% after the company announced an order from Bistrow for up to 100 eVTOLs, or "flying electric cars."

RIO DE JANEIRO, BRAZIL - The Ibovespa stock index rises on Thursday, 23, following the rise of international stock markets, with investors still digesting the decision of the Federal Reserve (Fed).

The day before, the U.S. central bank signaled that the withdrawal of monthly stimulus of US$120 billion, the tapering, should begin only "soon", although internal pressures have grown for the Fed to start raising interest rates as early as 2022. At 10:40 AM today, the main B3 index was up 0.60% to 112,957 points.

Investors also react to the interest rate hike by the Monetary . . .

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